Funding you earn now, next payment 08:00 UTC+0.0916%/8h= +100.3% APRpaid last 24h +0.213%
Price spread now: Bitget against Orderly+0.100%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Bitget is 0.100% dearer against Orderly than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NATGAS_USDC_mythos | 3.0000 | 0.0100 | pay 0.0100% / 8h | 2h 26m | $3K | $544 | 10x |
| Short | Bitget NATGASUSDT | 3.0030 | 0.1016 | get 0.0508% / 4h | 2h 26m | $9.9M | $3.2M | 100x |
Orderly PERP_NATGAS_USDC_mythos
Bitget NATGASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $192.36
- Price spread: +0.100% → 0.000%
- $10
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $184.36
- Costs to cover
- 0.180%
- Break-even
- 0.3 days
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 1.66 bp | 10.8 bp −$11 | 20.1 bp −$201 | 64.3 bp −$6,434 | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NATGAS on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8449 | −5.170% | — | — | — | as long as short |
| SunX NATGAS-USDT | 0.0000% | 4h | 3.0072 | +0.240% | $2K | $2.4M | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0056 | +0.187% | $629K | $504K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 3.0047 | +0.157% | $110K | $334K | 5x | as long as short |
| QFEX NATGAS-USD | +0.0033% | 1h | 3.0050 | +0.167% | $660K | $96K | 20x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0050 | +0.167% | — | $14K | 10x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0062 | +0.207% | $83K | $26K | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0069% | 8h | 3.0068 | +0.227% | $5K | — | 5x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0073% | 1h | 3.0055 | +0.183% | $6.0M | $5.6M | 10x | as long as short |
| Pacifica NATGAS | +0.0100% | 1h | 3.0035 | +0.117% | $68K | $33K | 10x | as long as short |
gTrade (Gains Network) NATGAS/USD
SunX NATGAS-USDT
Lighter NATGAS
Extended XNG-USD
QFEX NATGAS-USD
Vest NG-PERP
Ondo Perps NATGAS-USD.P
Paradex NG-USD-PERP
tradeXYZ xyz:NATGAS
Pacifica NATGASShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | 0.000% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythoslong | +0.0100% | 8h | 3.0000 | long leg | $3K | $544 | 10x | |
| Phemex NGUSDT | +0.0100% | 4h | 3.0040 | +0.133% | $1.5M | $93K | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0104% | 1h | 3.0055 | +0.183% | $35K | — | 20x | as long as short |
| HTX NATGAS-USDT | +0.0228% | 4h | 3.0069 | +0.230% | $107K | $212K | 75x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0240% | 4h | 3.0041 | +0.135% | $13K | $212K | 25x | as long as short |
| KuCoin NATGASUSDTM | +0.0360% | 4h | 3.0040 | +0.133% | $1.0M | $960K | 20x | as long as short |
| Aster NATGASUSDT | +0.0393% | 4h | 3.0050 | +0.165% | $264K | $74K | 50x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0520% / S −0.0466% | 1h | 3.0055 | +0.183% | $92K | — | 45x | as long as short |
| Gate NG_USDT | +0.0593% | 8h | 3.0080 | +0.267% | $1.5M | $193K | 100x | as long as short |
| Variational Omni NATGAS | +0.0606% | 4h | 3.0050 | +0.168% | $317K | $434K | — | as long as short |
| Binance NATGASUSDT | +0.0623% | 4h | 3.0050 | +0.167% | $10.3M | $28.3M | 100x | as long as short |
| edgeX NATGASUSDC | +0.0651% | 4h | 3.0040 | +0.134% | $85K | $213K | 20x | as long as short |
| OKX NG-USDT-SWAP | +0.0658% | 8h | 3.0050 | +0.167% | $867K | $1.7M | 50x | as long as short |
| BloFin NG-USDT | +0.0670% | 8h | 3.0040 | +0.133% | $82K | $195K | 20x | as long as short |
| Bitget NATGASUSDTshort | +0.1016% | 4h | 3.0030 | +0.100% | $9.9M | $3.2M | 100x | |
| Kraken Futures PF_NATGASUSD | +0.1181% | 1h | 3.0074 | +0.246% | $56K | $35K | 20x | as long as short |
ApeX Omni NATGASUSDT
Phemex NGUSDT
Hotstuff NATGAS-PERP
HTX NATGAS-USDT
GRVT NATGAS_USDT_Perp
KuCoin NATGASUSDTM
Aster NATGASUSDT
GMX NATGAS/USD [ETH-USDC]
Gate NG_USDT
Variational Omni NATGAS
Binance NATGASUSDT
edgeX NATGASUSDC
OKX NG-USDT-SWAP
BloFin NG-USDT
Kraken Futures PF_NATGASUSD